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300 S Main St, Springhill, LA 71075

3 beds • 2 baths • 1489 sqft

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This property might be a fair Airbnb investment with a projected 6.33% first-year return on $47,379 initial cash invested.

6.33%

Cash On Cash

9.02%

Cap Rate

1.46

DSCR

$2,045

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,045 income − $1,795 expenses = $250 cash flow

Income$2,045Mortgage P&I$72035%Property Taxes$442%Insurance$492%Management$30715%CapEx$824%Maintenance$824%Other$51125%Cash Flow$250

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,045

Total Expenses

$1,795

Mortgage P&I

35%

$720

Property Taxes

2%

$44

Home Insurance

2%

$49

HOA

0%

$0

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

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